BISYS has received regulatory approval to complete the acquisition of Hemisphere. The purchase of Hemisphere which claims to be the largest hedge fund administrator in Europe, and the third biggest in the world takes BISYS into hedge fund administration for
Hate surprises? Well, try this. Four out of five fund managers with more than $1 billion of assets under management or around a third of all retail and institutional fund managers are out sourcing already and two in five are
Dexia Banque Internationale Luxembourg (Dexia BIL) has received Type II SAS 70 certification for its fund administration business, conducted via its business line, Dexia Fund Services (DFS). This makes Dexia BIL one of the first institutions in the Luxembourg financial
Misys yes, Misys, not BISYS has appointed Lexicon Partners and Dresdner Kleinwort Wasserstein to advise it on the business opportunities in mutual fund distribution in the United Kingdom. The systems provider, whose attempts in recent years to transform insurance product
SimCorp joins Omgeo STP Partner Program Omgeo, the DTCC Thomson virtual matching utility, has signed up Simco as one of the "partner" vendors it hopes will help it tie more fund managers, broker dealers and custodians into its solution than
SimCorp joins Omgeo STP Partner Program Omgeo, the DTCC Thomson virtual matching utility, has signed up Simco as one of the "partner" vendors it hopes will help it tie more fund managers, broker dealers and custodians into its solution than
SimCorp joins Omgeo STP Partner Program Omgeo, the DTCC Thomson virtual matching utility, has signed up Simco as one of the "partner" vendors it hopes will help it tie more fund managers, broker dealers and custodians into its solution than
SimCorp joins Omgeo STP Partner Program Omgeo, the DTCC Thomson virtual matching utility, has signed up Simco as one of the "partner" vendors it hopes will help it tie more fund managers, broker dealers and custodians into its solution than
ING Direct plans to add mutual funds to its product range. The bricks and clicks direct distribution arm of the eponymous Dutch financial group claims to have recruited over 3 million customers and Euro 30 billion in assets already. The
AnnuityNet, a Virginia based e commerce platform that aims to link insurance company underwriters of annuities with the broker dealers and IFAs that distribute them, claims to have processed more than $2 billion in annuity transactions during 2001. Owned by